Post on 05-Jul-2020
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www.cdp.net | @CDP Page 1
After disclosureWho uses CDP data ?
Cathryn SymonsIT Director
cathryn.symons@cdp.net
www.cdp.net | @CDP
New disclosure platform at CDP
{ Launched in 2018 with ULTargeted questionsLanguagesImproved stabilityOnline guidance
{ About 7000 organizations submitted so far
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www.cdp.net | @CDP
Where does all that data go?
{ Back to companies
{ Investors
{ Buyers
{ NGOs and civil society
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www.cdp.net | @CDP
Companies use CDP data
{ What do science-based targets look like for my sector?
{ Which emissions reduction activities have been most cost effective?
{ How do companies define ‘substantive’ risk for their business?
{ What actions are companies taking to mitigate water risk in river
basins where my business has operations?
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www.cdp.net | @CDP Page 5
Export charts in PDF
or tables in Excel
Companies use CDP dataQuestion level
quantitative and
qualitative data
www.cdp.net | @CDP Page 6
{ Create a bespoke report: select up to 10 peer companies to benchmark against
{ Includes key metrics from the CDP climate change questionnaire
Companies use CDP data
www.cdp.net | @CDP
Investors use CDP data
CDP
Corporate Knights
Global 100 CRO’s 100 Best
Corporate Citizens
DJSI
FTSE4Good Index Series
GS SustainMSCI ESG Indices
OekomCorporate Rankings
SustainalyticsCompany Rankings
Trucost
CDP partners with other
organizations and
companies that provide
research, data products,
indices and ratings /
rankings to companies,
investors and consumers.
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www.cdp.net | @CDP
Investors use CDP data
Corporate Engagement
AGM
Shareholder Resolutions
Non-Disclosure Campaign
Integration
Stock Screening & Valuation
Thematic Stock Selection
Portfolio Assessment
Custom Indices
Risk Management
Carbon Footprinting
2-Degree Alignment
Forward looking metric
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ENGAGEMENT INITIATIVES DATA RESEARCH
www.cdp.net | @CDP
Investors use CDP data
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{ Disclosure Tracking Form
{ Visual Analytics
{ Scorecards
{ Full data extract (company responses)
{ Unlimited searches for individual company responses
{ Modelled GHG emissions dataset
{ CDP Disclosure Scores & Scorecards
www.cdp.net | @CDP
Investors use CDP data
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CDP mission is to help investors mitigate climate change risk in the future. The dedicated focus on forward-looking data we offer
through Investor Research, Carbon Action and SBT are an important component for investment decision-making as it can more
clearly indicate a company’s ESG strengths for the near and mid future.
www.sciencebasedtargets.org
Investor Research Carbon Action Science Based Targets
www.cdp.net | @CDP
Investors use CDP data{ Aviva uses CDP data to inform stock selection and engagement strategy:
“The CDP data helps us to determine the quality of an individual company’s management response and is a factor in our overall buy, sell and hold decisions. If such a company had not even bothered to respond to the CDP, then we tell them that unless this changes, we may vote against the report and accounts at the company’s next AGM. This is proving quite a successful sanction.”1
Lord Sharman, former Chairman of Aviva Investors
{ Deutsche Asset Management uses CDP disclosure
responses to inform their voting strategy for industrials on a
case-by-case basis.2
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1 https://www.cdp.net/en/articles/investor/case-study-aviva-protect-clients-by-driving-action-on-climate-risks2 https://vds.issgovernance.com/repo/4585/policy/Proxy_Voting_Guidelines_Investment_240117.pdf
www.cdp.net | @CDP
Investors use CDP data
{ CalPERS used the GHG emissions dataset
to prioritize engagement according to portfolio
carbon footprint by creating a list of “100
Systemically Important Carbon Emitters”, who
are responsible for 75% of their portfolio’s
emissions.1
{ Boston Common Asset Management
uses CDP Full GHG Emissions data set to
assess the carbon footprint of its portfolio
strategies and monitor their own environmental
performance.1
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1 CDP (2017). Better Information, Better Investments. CDP Report.
www.cdp.net | @CDP
CDP Powered: Climate Action 100+ and PDC
Climate Action 100+ is a new five-year investor
initiative to collaboratively engage with the
world’s largest corporate greenhouse gas emitters:
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{ to curb emissions in line with the goal of the Paris Agreement,
{ to strengthen climate-related financial disclosures in line with the TCFD recommendations,
{ to improve governance on climate change.
{ The Portfolio Decarbonization Coalition (PDC) is a multi-stakeholder initiative to drive GHG emissions reductions by mobilizing a critical mass of institutional investors committed to decarbonizing their portfolios.
{ PDC now convenes 32 investors overseeing the decarbonization of $800bn in decarbonization commitments.
www.cdp.net | @CDP
Buyers use CDP data
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www.cdp.net | @CDP Page 15
Buyers use CDP data
Supplier - Beginner:• Unaware of climate change and water impacts.• Potentially an unknown business risk for your
company – reputational or failure to deliver.• Unable to collaborate on action to reduce
Supplier - Intermediate• Low carbon• Water secure • Engaged on issues
and actively managing them
• Ability to collaborate
Moving suppliers from a state of low awareness and high risk, to active environmental management and potential collaborative partners in future actions.
{{We recognize from our own experience, that working to reduce greenhouse gas emissions can drive innovation and enable cost savings....we are asking suppliers to publicly report their GHG emissions, reduction strategy and actions to CDP.
Walmart
{{
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Buyers use CDP data
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{{ “How will we meet our new supply chain target? Close cooperation with our suppliers will be key. We will be working together to help them switch to renewable energy, and encouraging more of them to report to CDP. This is a critical first step towards action for suppliers, and the data they disclose will enable us to track emissions reductions and uptake of renewable energy in our supply chain”.
{{Gabrielle Ginér, Head of Sustainable
Business Policy at BT Group
We will reduce the carbon emissions Associated with our supply chain on 2016/17 levels by 29% by 2030
We will helpcustomers reduce
carbon by threetimes…
67.6%
6.7%
25.7%
3: 1We will help
customers reducecarbon by three
times…
…BT’s end-to-end carbon emissions
67.6%
6.7%
25.7%
Our supply chain
Customer use and disposal of our products
Our own operations
BT’s end-to-endcarbon emissions
As at 31 March 2017
www.cdp.net | @CDP
NGOs and Civil Society use CDP data
{ Target and emissions data for companies, cities and regions{ Data-Driven Yale, NewClimate Institute, PBL Netherlands Environmental Assessment Agency
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http://bit.ly/yale-nci-pbl-global-climate-action
NGOs and Civil Society use CDP dataNGOs and Civil Society use CDP data
www.cdp.net | @CDP
Thank you
{ Please, ask your questions!
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